Death Benefits

Deferring Benefit Payments

Your beneficiary may defer the payment of death benefits until December 31 of the year following the year of your death. If your beneficiary is your spouse or, in the case of certain payment options, the payment of death benefits may be deferred for more than one year. For more information, please contact TIAA-CREF or Vanguard.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.